"The global insoluble dietary fibers market value at $3,583.54m by the end of 2023, and the demand is anticipated to grow at a CAGR of 7.8% during the forecast period 2018-2023."
The insoluble dietary fibers market size is witnessing substantial growth, owing to the availability of raw materials, rising demand for functional food, and consumer inclination towards the fiber-rich products. This resonates the findings of a recent business intelligence publication from IndustryARC, which evaluates the global insoluble dietary fibers market value at $3,583.54m by the end of 2023, and the demand is anticipated to grow at a CAGR of 7.8% during the forecast period 2018-2023.
The IndustryARC’s report titled “Insoluble Dietary Fibers Market: By Type (Hemicellulose, Lignin, Cellulose, Resistant starch, Chitin & Chitosan, Fiber, Others); By Function( Anti-Caking Agent, Bulking/ Texturing Agent, Fat Substitute, Water binding Agent, Others); By Sources( Whole grain, Vegetable, Fruits, Others); By End-Use Industry (Food Industry, Animal feed Industry, Pharmaceutical, Others); By Geographic Analysis - Forecast (2018-2023)” incorporates that there is an increase in the adoption of dietary food products due to its functional and health benefits which is boosting the insoluble dietary fibers market. The growing occurrence of many health problems such as diabetes, heart disorder, obesity, and cholesterol are projected to increase the market revenue in the foreseeable future.This report covers insoluble dietary fibers market size by type and sources, insoluble dietary fibers market share by top 5 companies and also the market share by start-ups during the forecast period.
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Insoluble Dietary Fibers Market: Leading Segments
North America, has the fastest growing market for insoluble dietary fibers, owing to the change in lifestyle of the people and the rising demand for functional food. In the region, it is observed that there is an increasing number of foodservice restaurants, supermarkets, and several processed food supply channels, especially in the U.S and Canada, due to which the insoluble dietary fibers market demand is growing significantly in North America. The most commonly used insoluble fiber in the region is cellulose with its high penetration and nutritional value it has created a trend in the market. Moreover, North America is observing constant development, because of market revenue of the food and beverage the industry is growing at a CAGR of 6.45% during the aforementioned forecast period.
Consequently, the key application cited is the food and beverage industry. Rising consumer awareness towards healthy lifestyle coupled with health concerns and the government’s promotional activities regarding the intake of daily nutrition is augmenting the demand for the insoluble dietary fibers market. Moreover, this application segment in the insoluble dietary fiber market revenue is estimated to grow at a CAGR of 7.4% during the aforesaid forecast period.
Insoluble Dietary Fibers Market: Market Trends and Growth Drivers
The population have changed their preference to functional food with dietary fibers owing to growing concern regarding health related issues. It can be observed that the functional food industry is flourishing the usage of nutritional additives.
Globally, the insoluble dietary fiber is gaining popularity as a nutritional ingredients. For instance, Novelose, a product launched by Ingredion Incorporated in 2017, which was a new line of low cost-in-use dietary fibers for the manufacturers that wanted to add fiber in the food easily.
In certain emerging countries, the governments have declared dietary recommendations to provide impetus to the employment of dietary fibers in the food, and pharmaceutical industries. This is, however, booming the industry and rising consumer attention towards the natural and safer ingredients.
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Insoluble Dietary Fiber Market: Competitive Landscape
Some of the prominent key companies identified in the report are J.rettenmaier&Sohne GMBH & Co. KG., RoquetteFreres, Archers Daniels Midland, Ingredion Inc., E.I Du Pont De Nemours and Co. , Cargill Inc., Brenntag Inc., Kent Corporation, and Sunopta Ingredients Group.
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Dietary Fiber Market
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Global Insoluble Dietary Fibers Market The GMI Research projects that the Insoluble Dietary Fibers Market will perceive a significant demand over the forecast period.
This is primarily because of the soaring demand for functional food, rising government health programs, and the ability to decrease the threat of diseases like cancer and cardiovascular diseases.Request for a FREE Sample Report on Insoluble Dietary Fibers MarketIntroduction of the Insoluble Dietary Fibers Market Insoluble dietary fiber refers to a component of plant-derived carbohydrates that do not solvate in water and passes on via the gastrointestinal tract of the individual.
Also, it helps to speed up the motion of waste and food by means of the digestive system.
Several types of insoluble fibers used in pharmaceutical, animal feed, and functional food & beverages are cellulose, chitin & chitosan, hemicellulose, and resistant starch.Key Players of Market:DowDupont Inc.CargillRoquette Freres S.A.Sunopta, Inc.Unipektin Ingredients AGIngredion IncorporatedNexiraGrain Processing CorporationArcher Daniels Midland CompanyTate & Lyle PLCInsoluble Dietary Fibers Market DynamicsSome of the factors responsible for the growth of the global insoluble dietary fiber market are the rising health problems concerned with obesity, hypertension, cholesterol problems, coronary heart disorder, and gastrointestinal issues, and the ameliorating living standards.
In addition, the surging demand for functional food, amplifying health schemes launched by the government, and increasing drift towards food and beverage supplements are further strengthening the market size.Additionally, the growing consciousness and massive usage to produce sports nutrition and nutraceutical products will contribute to the market growth.
Besides this, the accelerating dietetic population and the mounting demand for a better quality of fiber content items are paving the way for market growth.
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According to a research report "Cognitive Assessment and Training Market by Assessment Type (Pen- and Paper-Based, Hosted, Biometrics), Component, Application (Clinical Trial, Screening & Diagnostics, Brain Training, Academic Research), Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets, the cognitive assessment and training market size is expected to grow from USD 1.98 Billion in 2016 to USD 8.06 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.3%.Browse 63 market data tables and 47 figures spread through 150 pages and in-depth TOC on "Cognitive Assessment and Training Market - Global Forecast to 2021"The major forces driving this market are aging global population, increasing awareness about brain fitness, and advancements in technology.
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The new generation in this region is more concerned toward the benefits of cognitive training, which is not just limited to patients with cognitive dysfunctions.
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